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Other Real Estate Owned
 3 Months Ended
Mar. 31, 2021
Other Real Estate [Abstract]  
Other Real Estate Owned Other Real Estate Owned
OREO includes properties acquired by the Company through foreclosure and deed in lieu of foreclosure. The following table is a summary of OREO activity during the periods shown: 
 Three Months Ended March 31,
 20212020
 (In thousands)
Balance at beginning of period$454 $454 
Market value adjustments— — 
Balance at end of period$454 $454 
 
For the three months ended March 31, 2021, and 2020, there were no OREO properties sold and no market value adjustments taken on the properties in OREO. At March 31, 2021, OREO consisted of $454,000 in commercial real estate properties. At March 31, 2021, there was the $2.0 million multifamily loan discussed above and no one-to-four family residential loans for which formal foreclosure proceedings were in process.